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marshall27 [118]
2 years ago
9

Amtrak is promoting and upgrading passenger rail service. All but one of the following are facts Select one: A. It has high-spee

d train service between New York and Boston B. Total passenger miles have grown since 1981 C. In the northeast corridor it is the dominant carrier D. It operates some commuter agencies under contract E. It operates without any government subsidy
Business
1 answer:
BARSIC [14]2 years ago
4 0

The main fact about Amtrak corporation that is promoting and upgrading the passenger rail service is that its operates without any government subsidy.

<h3>What is Amtrak corporation?</h3>

It is a railroad service that essentially provides an inter-city rail service in the United States and Canada.

Hence, despite that Amtrak corporation that is promoting and upgrading the passenger rail service, it does not operates without any government subsidy.

Therefore, the Option E is correct.

Read more about passenger rail

<em>brainly.com/question/11433327</em>

#SPJ12

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An agreement between two adults to pay $300 cash for a bicycle is an example of a contract that is
SIZIF [17.4K]
The answer is a valid contract. A valid contract occurs when both parties has expressed or had shown agreement when engaging to certain services or products as means of showing that they both have negotiate and came to an understanding of agreement with what they are pertaining to in which is shown above as the adults involved has an agreement of paying the bicycle that shows a valid contract.

5 0
3 years ago
Which of the following statements is false? A. Cash dividends should be recorded as a liability when they are declared by the bo
xenn [34]

Answer:

The answer is: B) FICA taxes withheld from employees' payroll checks should never be recorded as a liability since the employer will eventually remit the amounts withheld to the appropriate taxing authority.

Explanation:

FICA taxes (or payroll taxes) are based on an employee's salary. Both employees and employer pay FICA taxes for Social Security and Medicare. Employers withhold these taxes from their employees' paychecks, and then pays them to the Internal Revenue Service (IRS).

3 0
3 years ago
Revenues are recognized when ______, even when the cash is collected in a different accounting period than the obligation to the
Elanso [62]

The condition for which revenues are recognized even when the cash is collected in a different accounting period is;

  • Services are provided even if cash has not yet been collected, in cases of accrual basis accounting

<h3>Revenue recognition</h3>

Two major forms of revenue recognition exist;

  • When Cash is collected from customers. This is the case when the organisation uses cash basis accounting
  • When services are provided even if cash has not yet been collected. This is the case when the organisation used accrual basis accounting

Read more on revenue recognition;

brainly.com/question/26274038

6 0
2 years ago
Which of the following factors is not used to determine whether an activity is a hobby or a business?A) the taxpayer's expertise
melisa1 [442]

Answer: Option D    

 

Explanation: As per the tax laws, the activities in which the taxpayer has expertise in and he or she is getting some  kind of monetary benefit from performing it, then such activity will be seen as a business.

However, if the taxpayer do not repetitively perform an activity and derives no personal gain other than pleasure from performing such activity, then it will be a hobby.

Hence from the above we can conclude that the correct option is D.

7 0
3 years ago
Assume that an American company today invests some of its spare cash in a Hungarian money market account that will earn 8 percen
Artist 52 [7]

Answer:

D. The dollar appreciates against the Hungarian forint.

Explanation:

If after investing, it happens during the next two months that the dollar invested by the American company appreciates against the Hungarian forint.

It would imply that the company will earn less than 8 percent on its investment.

7 0
3 years ago
Read 2 more answers
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